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Commerce Commission - Latest News [Page 5]
“Whistleblowing” Could Help Focus Grocery Commissioner’s Work
Thursday, 8 February 2024, 10:06 am | Commerce Commission
A new anonymous “whistleblower” tool launched by the Grocery Commissioner is designed to lift the lid on practices and conduct that may be hampering competition in the $25 billion sector. Grocery Commissioner, Pierre van Heerden, says the tool, ... More >>
Statement Of Issues Released For Farmlands’ Proposed Acquisition Of Seales Winslow
Wednesday, 7 February 2024, 7:52 pm | Commerce Commission
The Commerce Commission has published a statement of issues relating to an application from Farmlands Co-operative Society Limited seeking clearance to acquire 100% of the shares of Seales Winslow Limited. Both parties manufacture and distribute animal ... More >>
Statement Of Issues Released For AlphaTheta’s Proposed Acquisition Of Serato
Wednesday, 7 February 2024, 6:54 pm | Commerce Commission
The Commerce Commission has published a Statement of Issues relating to an application from AlphaTheta seeking clearance to acquire Serato. The Statement of Issues outlines the Commission’s potential competition issues with the acquisition following its ... More >>
Commission Amends Copper Withdrawal Code To Enhance Consumer Protection
Monday, 5 February 2024, 9:49 am | Commerce Commission
The Commerce Commission has reviewed and amended the Copper Withdrawal Code (the Code ) to better protect the interests of Kiwi consumers. The Code sets out the minimum requirements that Chorus, the provider of the national copper network, must meet ... More >>
Statement Of Issues Released For One NZ’s Application To Acquire Dense Air
Friday, 2 February 2024, 9:56 am | Commerce Commission
The Commerce Commission has published a statement of issues relating to an application from One New Zealand Group Limited seeking clearance to acquire 100% of the shares in Dense Air New Zealand Limited from Dense Air Limited and SoftBank Corp. The Statement ... More >>
Commission Seeks Feedback On Issues For Transpower's Expenditure Proposal
Thursday, 25 January 2024, 4:57 pm | Commerce Commission
The Commerce Commission has today released a paper outlining the key issues it will focus on as it works to set expenditure and quality levels for Transpower from 2025. As the operator of New Zealand’s National Grid, Transpower is subject to price-quality ... More >>
Christchurch Airport Pricing Decisions "reasonable" Says Commission
Thursday, 25 January 2024, 10:35 am | Commerce Commission
The Commerce Commission has today published its final report on Christchurch International Airport Limited’s 2022 – 2027 price setting event and has concluded that the airport’s estimated cost of capital and target profit are reasonable. Commissioner ... More >>
ComCom To Launch Action Against Two Car Finance Lenders
Thursday, 18 January 2024, 2:42 pm | Commerce Commission
In its most significant action in the car finance sector to date, the Commerce Commission will file civil proceedings in the High Court against Go Car Finance Limited and Second Chance Finance Limited alleging that the lenders breached the CCCFA when providing ... More >>
Statement Of Preliminary Issues Released For Proposed Foodstuffs Merger
Thursday, 18 January 2024, 12:09 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Foodstuffs North Island Limited and Foodstuffs South Island Limited seeking clearance to merge. The statement outlines the key competition issues ... More >>
Statement Of Preliminary Issues Released For St John's Application To Acquire Certain Medical Alarm From Securely
Wednesday, 17 January 2024, 1:16 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from The Priory in New Zealand of the Most Venerable Order of the Hospital of St John of Jerusalem (St John) seeking clearance to acquire certain assets ... More >>
Payments NZ seeks authorisation to further develop its open banking framework
Tuesday, 16 January 2024, 5:30 pm | Commerce Commission
The Commerce Commission has received an application from Payments NZ Limited (Payments NZ) seeking authorisation to work with API providers and third parties to develop arrangements that, according to Payments NZ, will facilitate a more well-utilised, ... More >>
Ngāi Tahu Tourism Withdraws Application For KJet And Time Tripper Acquisition
Friday, 22 December 2023, 11:24 am | Commerce Commission
Ngāi Tahu Tourism has formally withdrawn its application to the Commerce Commission for clearance to acquire the tourism jet boating business trading as "KJet" and related assets (including 100% of the shares in Time Tripper Limited) from Kawarau ... More >>
Commission Authorises The Restrictions On The Advertising And Marketing Of Infant Formula
Thursday, 21 December 2023, 9:16 pm | Commerce Commission
The Commerce Commission has granted authorisation to the current and future members of the Infant Nutrition Council Limited (INC) to restrict their advertising and marketing of formula products for infants aged up to 12 months old. In assessing the INC’s ... More >>
Commission Alleges Zoono’s 24 Hour And 30 Day Germ Killing Claims Not Backed-up
Wednesday, 20 December 2023, 9:44 am | Commerce Commission
The Commerce Commission has filed charges against Zoono Limited (Zoono), alleging it made unsubstantiated representations about the performance of its hand and surface sanitiser products. The Commission alleges that between July 2019 to August 2023 ... More >>
Kiwi Motorists Should “Kick The Tyres” On Fuel Loyalty Schemes
Tuesday, 19 December 2023, 8:50 am | Commerce Commission
The Commerce Commission says Kiwi motorists really need to “kick the tyres” on fuel discounts and compare display prices to make sure they’re getting the best price over the summer – when many New Zealanders are hitting the road for their ... More >>
Commission Grants Clearance For Kingspan To Acquire Conqueror
Monday, 18 December 2023, 8:21 pm | Commerce Commission
The Commerce Commission has granted clearance for Kingspan Limited to acquire the insulated panel and boards business of Conqueror New Zealand Limited. Both Kingspan and Conqueror supply insulated panels made with a polyisocyanurate (PIR) foam core ... More >>
Foodstuffs North Island And Foodstuffs South Island Seek Clearance To Merge
Monday, 18 December 2023, 11:36 am | Commerce Commission
The Commerce Commission has received an application from Foodstuffs North Island Limited and Foodstuffs South Island Limited seeking clearance to merge. Foodstuffs North Island and Foodstuffs South Island operate as separate co-operatives that focus ... More >>
Foodstuffs North Island And Foodstuffs South Island Seek Clearance To Merge
Monday, 18 December 2023, 11:34 am | Commerce Commission
The Commerce Commission has received an application from Foodstuffs North Island Limited and Foodstuffs South Island Limited seeking clearance to merge. Foodstuffs North Island and Foodstuffs South Island operate as separate co-operatives that focus ... More >>
Case Highlights Need To Play It Safe Ahead Of The Festive Season
Thursday, 14 December 2023, 1:41 pm | Commerce Commission
As the festive season approaches, the Commerce Commission is encouraging shoppers to be mindful of safety when purchasing toys for young children. This follows a recent case where the Waitakere District Court imposed a fine of $38,500 on Geneva Distributors ... More >>
Telcos Need To Improve Transparency On Pricing And Coverage Says ComCom
Thursday, 14 December 2023, 9:14 am | Commerce Commission
New draft Guidelines issued by the Commerce Commission would require telecommunications providers to be more transparent about their prices and coverage so that Kiwi consumers can make better comparisons and choices. Telecommunications Commissioner, ... More >>
